Internal loan OKd for jail complex

5:24 AM,
Dec. 27, 2012

Written by

Robert Perea
rperea@masonvalleynews.com

Taking final action on an item that was first proposed several weeks ago, the Lyon County Commission voted on December 20 to authorize the borrowing of $2 million to help pay for the construction of the public safety complex.

The agreement authorizes the county to borrow $2 million from the Dayton Water Fund at an interest rate of three percent.

The Commission had previously approved a resolution to request the approval of the financing from the Department of Taxation, which has ...